logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. HID announces major expansion in Kingdom at Intersec Saudi 2024

HID announces major expansion in Kingdom at Intersec Saudi 2024

GHADA.ISMAIL
Oct 2, 2024
With this expansion, HID aims to strengthen its presence and secure physical access control solutions in the region

Riyadh – Sharikat Mubasher: HID, a worldwide leader in trusted identity solutions, announced its expansion in Saudi Arabia at Intersec 2024, with continued investments in talent acquisition, cutting-edge technology, and its channel ecosystem.

As part of its strategic focus on the Middle East, the company aims to strengthen its presence and enhance service offerings to meet the growing demands for secure physical access control solutions in the region, according to a recent press release.

Commenting on this, Gustavo Gassmann, VP of Emerging Markets for Physical Access Control at HID said: “The Middle East is a strategic priority for HID with Saudi Arabia as one of our key growth markets, and we are dedicated to delivering tailored solutions that address the unique security needs of government entities and businesses here. Our continued investment in the region through partnerships, our channel network, and recruiting top talent is a testament to our long-term vision for growth and leadership in the industry.”

During Intersec Saudi this year, HID is exhibiting from Booth 1-B24 to unveil its latest innovations in physical access control technologies, designed to address the evolving security needs of the region.

 

Tags

HID
Saudi Arabia
expansion
Intersec Saudi 2024
Share

Attract clients with your ad

Start Now

Trending

Backed by NHC, Mountain View expands Saudi portfolio with 2nd Riyadh Project
MUBASHER
Qewam Holding acquires Iwan Ventures, launches new Q Fund
Riyadh – Sharikat Mubasher: Qewam Holding acquired Iwan Ventures, a SAR 50 million venture capital fund, in a move that strengthens its role in shaping the region’s innovation and startup landscape.Following the acquisition, Iwan Ventures will rebrand as Q Fund, becoming Qewam’s dedicated and independent investment arm, according to a recent press release.Despite its autonomy, Q Fund will tap into Qewam’s AI-driven infrastructure, venture-building capabilities, and strategic network to accelerate the growth of high-potential startups. The fund will focus on supporting founders with both capital and hands-on operational expertise.Lewa Abukhait has been appointed CEO of Q Fund, bringing significant experience in venture capital and ecosystem development. He said the new fund represents an evolution in Saudi Arabia’s entrepreneurial landscape, combining capital, infrastructure, and expertise to help founders build scalable businesses.Sami AlKhlout, COO of Qewam Holding, noted that the initiative reflects a founder-first philosophy, while Wael Altorabi, Qewam CEO, emphasized that Q Fund will blend local insight with advanced AI tools to back ventures aligned with Vision 2030.The launch of Q Fund underscores Qewam’s commitment to building a robust environment for startups, offering long-term support to help founders move from idea to scale.
Nabta closes $2mn pre-Series A round to revolutionize women’s healthcare
MUBASHER
EVC partners with PaySky to develop new super app for pilgrims
MUBASHER.SA
KAUST startups raise over $1bn in investment
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Nov 17, 2025
Backed by NHC, Mountain View expands Saudi portfolio with 2nd Riyadh Project
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Qewam Holding acquires Iwan Ventures, launches new Q Fund
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
EVC partners with PaySky to develop new super app for pilgrims
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
KAUST startups raise over $1bn in investment
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Cityscape Global 2025 Opens in Riyadh with 170,000 Expected Visitors
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Grintafy becomes exclusive talent discovery partner for World Football Summit
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Transport Minister opens SAR 611 mn Agility Logistics Park in Jeddah
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher